Ayuso defends the fiscal conditions of Madrid to attract foreign investment

Isabel Díaz Ayuso, President of the Community of Madrid, He has defended this Saturday the “advantageous” taxation of the region. The leader of Popular Party He has assured during his visit to London that these conditions suppose a great incentive to attract More foreign investment to the community Autonomous British companies that seek access to the Spanish market. Ayuso has met with entrepreneurs and investment fund executives during the second day of his institutional visit to the English capital. The regional president said that Madrid is living an “exceptional moment” being like the «Financial and Technological Center» from southern Europe.

The leader popular has said that the “Unprecedented economic boom” that experiences the Community of Madrid It is due to institutional stability, for the predictability and trust they offer without changing the rules “to the politician of the politician.” Ayuso has defended that fiscal policy cannot be “confiscatory” or “suffocate” families, companies or workers and has affirmed that Madrid is the Autonomous Community With the lowest taxes and the only region “that does not have its own taxes.”

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Ayuso has also criticized from London that other autonomies in Spain have «12 or 15 taxes invented on the march». The Madrid president believes that these types of conditions generate absolute “distrust” and suppose “lack of respect” for capital and investment. He also recalled that the regional government has approved 32 fiscal sales During their mandate, thanks to which Madrid’s have saved “a total of 31.3 billion euros, 8,700 euros per taxpayer” since 2019.

Ayuso has also insisted that the “advantageous” taxation that the capital region offers to the foreign investor, with measures such as the 20% reduction of IRPF for people who decide to establish themselves in Madrid for six years, approved last year. «All this has made us now concentrating more than 72 % of foreign investment in Spainreaching 17,000 million euros. That is, two out of three euros go directly to Madrid, ”said Ayuso.

The president of the Community of Madrid will continue her visit in the British capital until next Monday, when she will offer an intervention at the Margaret Thatcher Conference organized by the Center for Political Studies (CPS) in London.

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Emily L., the artisan of words, Her prose dances, sings like birds. In the realm of content, her voice is heard. To reach out, drop an email to Emily at emily.l@indianetworknews.com.